Centre mulls higher biofuel blends as alternative fuels, raises vehicle weight cap

IANS | April 29, 2026 10:36 AM

New Delhi, April 29 (IANS) The government has proposed widening the definition of automotive fuels to include higher blends of ethanol and biodiesel, as part of efforts to promote cleaner and more diversified energy use in the transport sector, according to a draft notification issued by the Ministry of Road Transport and Highways.

Global crude oil prices extend rally amid US blockade fears on Iran

IANS | April 29, 2026 10:02 AM

New Delhi, April 29 (IANS) Global crude oil prices extended their upward momentum on Wednesday amid reports that the United States is likely to continue its blockade of Iranian ports, raising concerns over prolonged supply disruptions in the Middle East.

Pakistan’s exports to Europe stagnate despite GSP+ sops

IANS | April 28, 2026 9:12 PM

New Delhi, April 28 (IANS) Pakistan’s exports to Europe have stagnated in the first nine months of 2025-26 despite the continued access to the European Union’s Generalised Scheme of Preferences Plus (GSP+), according to a report in the local media.

UAE exits OPEC, OPEC+ in big jolt to oil cartel

IANS | April 28, 2026 7:36 PM

New Delhi, April 28 (IANS) The United Arab Emirates announced on Tuesday that it was leaving the OPEC and OPEC+ cartels in what is seen as a major setback to the group of oil-exporting countries led by Saudi Arabia.